# Governance İlgili Makaleler

HTX Haber Merkezi, kripto endüstrisindeki piyasa trendleri, proje güncellemeleri, teknoloji gelişmeleri ve düzenleyici politikaları kapsayan "Governance" hakkında en son makaleleri ve derinlemesine analizleri sunmaktadır.

Uniswap Token Jar: Unlocking Protocol Revenue Through Burning, New Gameplay Live on 11 Chains

Uniswap’s "Token Jar" mechanism links protocol revenue directly to UNI token burns. The smart contract accumulates a share of fees from Uniswap transactions across 11 chains, and funds can only be withdrawn by permanently burning UNI. This system, enacted after the UNIfication governance vote in December 2025, turns token destruction into a core requirement for accessing protocol income. The recent launch of Robinhood Chain, where Uniswap serves as the native exchange, has dramatically boosted volumes—reaching $3.75B in daily trades—pushing daily UNI burns to a record 186,000 tokens. New proposals aim to extend the fee model to Robinhood Chain and activate v4 fees on seven major chains, potentially accelerating the burn cycle. This creates a reinforcing loop: more chain adoption drives more fees into the Jar, requiring more UNI burns to unlock them. While concerns remain about liquidity provider margins, the design aligns incentives across the ecosystem and transforms UNI from a pure governance token into one with a direct claim on protocol revenue.

marsbit2 gün önce 07:34

Uniswap Token Jar: Unlocking Protocol Revenue Through Burning, New Gameplay Live on 11 Chains

marsbit2 gün önce 07:34

Hyperliquid’s HIP-4 proposal fuels HYPE staking as long-term conviction grows

Hyperliquid has proposed the HIP-4 upgrade to expand from perpetual futures into a broader, permissionless infrastructure layer for on-chain applications, requiring deployers to stake 500,000 HYPE to launch new markets. This shift aims to enable developers to build on its platform, a strategy backed by growing long-term investor conviction. Evidence includes a major trader staking millions in HYPE instead of taking profits, with total staked tokens reaching 43.9% of the supply, reducing available tokens and strengthening network security. Market metrics like high open interest and balanced funding rates suggest measured, non-speculative trader positioning. Sustained growth in protocol revenue, TVL, and governance participation further supports the positive outlook, contingent on continued user adoption and successful upgrade execution.

ambcrypto07/22 04:32

Hyperliquid’s HIP-4 proposal fuels HYPE staking as long-term conviction grows

ambcrypto07/22 04:32

Quantum Computers Haven't Arrived Yet, but Satoshi's 1.1 Million Bitcoin Pose the First Problem

A zero-knowledge proof tool can help modern Bitcoin wallets migrate assets before quantum attacks in milliseconds. However, approximately 1.1 million bitcoins mined by Satoshi Nakamoto before 2012 are fundamentally unprotected by such solutions, as they reside in older P2PK addresses lacking the hierarchical structure required for this cryptographic rescue. This exposes a critical divide: post-2012 HD wallets can potentially "upgrade" signatures using tools like Project Eleven's, while early coins are cryptographically isolated. The community faces a political, not technical, dilemma with four contentious options: 1) Let quantum attackers seize the coins, risking market instability; 2) Hard fork to freeze vulnerable addresses, seen as violating property rights; 3) Implement extreme spending limits to slow any attack; 4) Redistribute "orphaned" coins, breaking immutability. Each solution threatens a core Bitcoin tenet. The market is already pricing in this governance risk, as evidenced by institutional divestment citing uncertainty. The true crisis isn't the arrival of quantum computing, but the community's inability to reconcile its foundational principles with an existential technological shift.

marsbit07/22 02:18

Quantum Computers Haven't Arrived Yet, but Satoshi's 1.1 Million Bitcoin Pose the First Problem

marsbit07/22 02:18

Michael Saylor: 110 Reasons to Oppose BIP-110

Michael Saylor presents 110 arguments against Bitcoin Improvement Proposal (BIP) 110, a soft fork aimed at restricting certain non-monetary data storage uses (like inscriptions) on the Bitcoin blockchain. He acknowledges the proponents' valid concerns—such as node costs, fee pressure, and preserving Bitcoin's monetary focus—but fundamentally disagrees with the proposed solution. Saylor argues that BIP 110 represents a dangerous precedent of using consensus rules to enforce value judgments on transaction validity, moving away from Bitcoin's core principles of neutrality and permissionless innovation. His key objections are organized into eleven categories: 1) It violates neutrality and hard consensus by banning currently valid transactions. 2) It fails to meet the high burden of proof required for a consensus change, lacking concrete data on the alleged crisis. 3) Its seven bundled technical restrictions are overly broad, targeting generic script functionalities and blocking future upgrade paths. 4) It sacrifices compatibility and future optionality by closing off designed upgrade hooks. 5) Its temporary rules add significant complexity (grandfathering, expiry states) without sufficient justification. 6) The economic and security impacts, particularly on miner revenue and fee markets, are uncertain and unmodeled. 7) Superior, market-based tools (fee markets, relay/mining policies) already exist to manage blockchain load. 8) It stifles innovation by creating a chilling effect for developers. 9) Its modified activation mechanism (55% threshold, forced signaling) is aggressive and risks network splits. 10) The precedent it sets—using consensus to suppress disliked but legal uses—is more dangerous than the problem it aims to solve. 11) A better path exists: improving measurements, refining resource-based policies, and allowing market forces to work. Saylor concludes that Bitcoin's strength lies in its neutral rules, open markets, and hard consensus. Changing these foundational elements to target specific use cases is an unnecessary and risky "iatrogenic" intervention. He advocates for guarding Bitcoin's neutrality rather than acting as its redeemer.

marsbit07/22 00:06

Michael Saylor: 110 Reasons to Oppose BIP-110

marsbit07/22 00:06

BonkDAO Treasury Drain Shows Solana Governance Risk Is Real

The BonkDAO treasury suffered an approximately $20 million drain due to a malicious governance proposal passed through the Realms platform on Solana. This incident highlights governance as a critical attack surface for DAOs, distinct from smart contract exploits. The attack leveraged the DAO's own voting mechanics to move funds, demonstrating that flawed governance design—such as weak proposal rules or voter weight calculations—can be exploited even when the underlying blockchain functions correctly. The event serves as a warning for Solana DAOs to rigorously review and strengthen their governance safeguards, including quorum thresholds, timelocks, and execution permissions. While damaging to community trust, especially for the prominent BONK meme ecosystem, the issue is not a failure of the Solana base layer but a widespread application-level risk common across blockchain ecosystems.

bitcoinist07/21 22:31

BonkDAO Treasury Drain Shows Solana Governance Risk Is Real

bitcoinist07/21 22:31

XRP Ledger Amendments Near Validator Vote Deadline

The XRP Ledger is approaching a key deadline for validators to vote on proposed protocol amendments, highlighting the network's governance process for upgrades. Changes do not activate automatically upon code release; they require sustained support from 80% of validators. This system prioritizes stability and broad consensus over rushed changes. While these amendments can shape the ledger's future utility in payments, asset issuance, and decentralized exchange, their activation is not guaranteed. The outcome of this voting window represents an infrastructure and governance checkpoint, with long-term impact depending on subsequent developer adoption and user demand, rather than serving as a direct market catalyst.

bitcoinist07/21 21:17

XRP Ledger Amendments Near Validator Vote Deadline

bitcoinist07/21 21:17

Who Decides the Rules of Bitcoin? BIP-110 Ignites Governance Debate

Bitcoin's governance is once again at the center of a heated debate, this time ignited by BIP-110, the "Reduced Data Temporary Softfork." This proposal aims to curb non-monetary data (like inscriptions and Runes) by introducing seven new consensus-layer restrictions over a year, such as limiting new output scripts to 34 bytes and restoring the OP_RETURN cap to 83 bytes. The controversy stems from BIP-110's fundamental shift: it moves the battle against "spam" from node relay and miner policies to the consensus layer, rendering currently valid transactions invalid. Supporters, arguing that default policy governance has failed (highlighted by Bitcoin Core v30's relaxation of OP_RETURN limits), see this as necessary to protect node resources and Bitcoin's monetary focus. Opponents, led by figures like Michael Saylor and Adam Back, warn it dangerously centralizes governance. Saylor listed 110 reasons against it, criticizing its low 55% miner activation threshold and potential for chain splits. Back emphasized Bitcoin's "permissionless" ethos, arguing no single group should impose value judgments via consensus rules. Further complicating matters, technical critiques suggest BIP-110 may be technically circumventable, and a "BlockSlop" vulnerability in its upgrade path poses a consensus risk. The debate has drawn in diverse stakeholders: miners (with pools like Ocean signaling support and Foundry polling clients), node operators (like Bitcoin Knots), and new players like corporate treasury holder MicroStrategy (Saylor), whose market influence adds a novel dimension. Ultimately, BIP-110 acts as a governance stress test, exposing the unresolved question: who decides Bitcoin's rules? It pits the authority of miners, node operators, developers, and capital holders against each other, with each side claiming to defend Bitcoin's core principles of neutrality and security.

marsbit07/21 06:41

Who Decides the Rules of Bitcoin? BIP-110 Ignites Governance Debate

marsbit07/21 06:41

Who Decides Bitcoin's Rules? BIP-110 Ignites Governance Debate

Title: Who Decides Bitcoin's Rules? BIP-110 Ignites Governance Debate A new technical proposal, BIP-110 (Reduced Data Temporary Softfork), has sparked a fundamental governance debate within the Bitcoin community. It aims to impose new consensus rules for one year to limit non-financial data (like inscriptions and Runes) on-chain, moving beyond simple node and miner policy filters to invalidate currently valid transactions. Supporters argue that default policies have failed due to workarounds, necessitating consensus-layer changes to protect Bitcoin's core monetary function from data spam. Critics, including Michael Saylor and Adam Back, contend this dangerously centralizes judgment, undermines permissionlessness, and sets a risky governance precedent. They advocate for market-based solutions like fees or Layer 2s instead. The debate exposes deeper tensions: miners are divided on activation; node operators assert their sovereignty; Bitcoin Core developers influence defaults without direct accountability; and large corporate holders like MicroStrategy now wield narrative influence. Technically, BIP-110 may not fully block data and carries a disclosed consensus bug risk. Ultimately, BIP-110 acts as a stress test, forcing the community to confront the unresolved question: who legitimately decides what Bitcoin is and how it evolves, amidst competing claims from miners, nodes, developers, and capital holders.

链捕手07/21 06:30

Who Decides Bitcoin's Rules? BIP-110 Ignites Governance Debate

链捕手07/21 06:30

Earning Stock Tokens with NFTs? What Exactly is StonkBrokers?

StonkBrokers, a project by Web3 developer team CLUTCH on Robinhood Chain, gives 4444 pixel-style NFT "brokers" an active role in decentralized finance. Each NFT is linked to an ERC-6551 token-bound account that can hold assets like stock tokens. The NFT can be activated by staking the project's ERC-20 token, STONKBROKER, to increase its weight for receiving rewards. The STONKBROKER token is also used to mint or swap for NFTs via the Anvil NFT AMM. Rewards in the form of stock tokens are funded primarily by a portion of the ETH trading fees generated on Anvil. Community members can trigger a "Clock In" function to convert accumulated ETH into stock tokens, which are then distributed to the token-bound accounts of activated NFTs based on their staking tier. The project also allows NFT holders to use their assets as collateral to borrow STONKBROKER tokens. Looking ahead, CLUTCH plans to launch Stonk Launcher, a token launchpad, and Stonk Exchange, a Vote Directed DEX (vDEX) built on Uniswap V3 architecture where STONKBROKER holders can vote to direct fee flows. While the project introduces a novel model where NFTs function as operable financial accounts, it is still in development. Its long-term viability hinges on the successful launch of its planned products, sustainable protocol revenue, and navigating risks like market volatility and smart contract security.

marsbit07/21 03:01

Earning Stock Tokens with NFTs? What Exactly is StonkBrokers?

marsbit07/21 03:01

NFTs That Can Earn Stock Tokens? What Exactly is StonkBrokers?

Title: How StonkBrokers Connects NFTs to Stock Token Earnings StonkBrokers is an NFT project from the Web3 development team Clutch Labs (CLUTCH) built on Robinhood Chain. It consists of 4,444 "pixel broker" NFTs. Unlike typical NFTs, each one is linked to an ERC-6551 token-bound account, meaning it functions as its own wallet capable of holding assets like stock tokens. The project's ecosystem includes: 1. **STONKBROKER (ERC-20 Token)**: The fungible token connected to the NFTs via the Anvil AMM. Users can trade tokens for NFTs at a base rate of 666,666 STONKBROKER (plus ETH fees). 2. **NFT Activation & Rewards**: NFT holders must spend STONKBROKER tokens to "activate" their NFT into one of five tiers, which determines their weight in receiving stock token rewards. These rewards are funded by 70% of the ETH trading fees generated on the Anvil AMM. 3. **Lending**: NFTs can be used as collateral to borrow STONKBROKER tokens. 4. **Future Products**: The roadmap includes the Stonk Launcher (a token launchpad) and the Stonk Exchange (a "vote-directed DEX" based on Uniswap V3), scheduled for late July and August 2026, respectively. The project aims to provide NFTs with ongoing utility as active financial agents rather than static collectibles. Its token (STONKBROKER) and NFT collection have seen significant price increases recently. However, the project's long-term viability depends on successful product delivery, sustainable protocol revenue, and navigating risks like market volatility, smart contract security, and the nascent Robinhood Chain ecosystem.

Foresight News07/21 02:21

NFTs That Can Earn Stock Tokens? What Exactly is StonkBrokers?

Foresight News07/21 02:21

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